Question 1: Computer Accessories Inc. incurred the following production costs to manufacture mouse pads. Using the high/low cost estimation method, what are the estimated productions costs if Computer Accessories Inc. produced 175,000 mouse pads? (4 points)

MONTH	Number of Mouse Pads	Production Costs	Estimated Production Cost
July	300,000	$29,383	?
August	100,000	$22,980	?
September	125,000	$23,975	?
October	250,000	$27,450	?
November	325,000	$29,726	?
December	50,000	$21,476	?

Refer to above answered question 1: These data were entered into a regression program, resulting in the following output. Use this output to determine expected production costs if Computer Accessories Inc. produces 175,000 mouse pads.

Intercept 19,973

X Coefficient .0307

R Square .9981